You believe that Rose, Inc., stock is going to fall and you've decided to sell 800 shares

Question:

You believe that Rose, Inc., stock is going to fall and you've decided to sell 800 shares short. If the current share price is $47, construct the equity account balance sheet for this trade. Assume the initial margin is 100 percent.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...